CHNR vs GXAI: Correlation
Measured on weekly returns over the past three years, China Natural Resources, Inc. (CHNR) and Gaxos.ai Inc. (GXAI) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHNR and GXAI?
Over the past 3 years, CHNR and GXAI moved with a correlation of 0.53, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.24 versus 0.53 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 8504.1 %².
By 3-year correlation, GXAI places #5 of the 22 assets tracked against CHNR. Their recent paths diverged sharply: over the last 12 months CHNR outperformed by 67.8 percentage points (+8.2% for CHNR against -59.6% for GXAI). Risk is not evenly split, since GXAI carries 2.3 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CHNR vs GXAI: side by side
| CHNR (China Natural Resources, Inc.) | GXAI (Gaxos.ai Inc.) | |
|---|---|---|
| 1-year return | +8.2% | -59.6% |
| 5-year return | -91.7% | n/a |
| Volatility (ann.) | 83.4% | 191.3% |
| Beta vs S&P 500 | 0.65 | 0.51 |
| Max drawdown (3Y) | -88.4% | -93.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHNR | GXAI |
|---|---|---|
| 2022 | -34.5% | – |
| 2023 | -16.3% | – |
| 2024 | -57.2% | -37.0% |
| 2025 | -33.8% | -58.4% |
| 2026 | +13.9% | -24.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHNR and GXAI good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CHNR and GXAI?
The CHNR/GXAI correlation stands at 0.53 on a 3-year window (1 year: 0.24, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GXAI a good diversifier for CHNR?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
A reading of 0.53 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chnr-vs-gxai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chnr-vs-gxai/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHNR correlations · GXAI correlations
